Revenue Decline
1 articles tagged "Revenue Decline".
PAGCOR proceeds with casino privatisation amid revenue slump tied to Middle East conflict
PAGCOR is proceeding with plans to privatise its casinos as Middle East tensions drag down revenues, with a recommendation due to the President in August and an Executive Order expected by year-end. The regulator's own casinos saw GGR drop to P3.17bn in Q1 2026, and Tengco blames the war for lost tourists and VIP players.